Bus201 business law - Study guides, Class notes & Summaries

Bus201 Business Law Module 2 Test

BUS201 Business Law (Cheeseman 8th & 9th edition) Mega Test Bank

Ch1: Businesses that are organized in the United States are subject to its laws, but not to the laws of other countries in which they do business. False 2. Ch1: Laws in the U.S. are not set to evolve with changes in social norms. False 3. Ch1: The Law and Economics School of jurisprudential thought holds that rights are not worth protecting if it is too costly from an economic viewpoint True 4. Ch1: The Critical Legal Studies School proposes that legal rules are unnecessary and ...

BUS201 U4 Questions with complete solution 2024 Which of the following best describes the concept of "incapacity" as a vitiating factor? - correct answer The law views certain persons such as a young child and people who are intoxicated to lack the capacity to enter into a contract. There are four types of mistakes that can vitiate a contract. Which of the following is one such mistake? - correct answer Unilateral mistake. "A contract entered into as a result of duress is unenforceable...

BUS201 U4 fully solved 2023Which of the following best describes the concept of "incapacity" as a vitiating factor? The law views certain persons such as a young child and people who are intoxicated to lack the capacity to enter into a contract. There are four types of mistakes that can vitiate a contract. Which of the following is one such mistake? Unilateral mistake. "A contract entered into as a result of duress is unenforceable. Which of the following may constitute duress...